Nov 20, 2012 7:00pm PST
clean, simple election law that says anyone can give any amount of after tax personal income to the candidate as long as they report it every night. i think super pacs as such are, in fact, very dangerous in the long run. when you sigh mayor bloomberg put a million seven hundred thousand into a democratic district in california to beat somebody, there's something fundamentally profoundly wrong about what's happening. and it's happening in both parties and in the long run it's going to be very negative and very disruptive of our system. (cheers and applause) >> there was some talk that -- some people said that one of the things that hurt romney is that you and rick santorum were helped by these super pacs and stayed in long enough that kind of bled romney dry, allowed you to attack him, to say these things that i said before and also depleted his campaign coffers. did the super pacs hurt republicans more than they helped them? >> i had one billionaire, a good friend and a person who's deeply passionate about --. >> stephen: great friend to have. billionaires are some of the be
Nov 26, 2012 11:30pm PST
. this is judge, jury and executioner. tonight, folks, copyright law. the supreme court is currently considering the case of supap kirtsaeng the wile ya song, it a textbook copyright case in that it is a copyright case about textbooks. jim. >> mr. kirtsaeng in 1997 moved from his native thailand to attend cornell university. textbooks are sold in thailand for just a fraction of the cost. so he gets his family and friends to buy those textbooks in thailand and guess what, ship them to him in cornell university. he sells them on ebay and makes, get this, $1.2 million in profits. >> what? >> stephen: 1.2 million dollars, it that textbook price, that has to be like eight books. but academic publisher wiley and son sued sit kaening-- kirtsaeng saying they own the copyright of that resold material despite a 1908 court decision which established the first sale doctrine which says that after a buyer first purchases a copyrighted work he or she has the right to resell it. i'm sorry, i don't buy this first sale argument. and if i did buy it i would not resell it. (laughter) because i don't have the right.